4 Ghersi Avenue
Wamberal, NSW 2260

Overview

4 Ghersi Avenue, WamberalPrice on request NSW 2260

This property presents an exceptional development opportunity situated in a prime location just meters from local shops and the beach. The site has prior approvals for a mixed-use development comprising five large townhouses, a stylish single-level unit, and commercial premises, offering a unique and flexible scope for upscale development subject to council approval.

• Long-term investment potential with a rare and tightly-held property
• Flexible development options for mixed-use projects (subject to council approval)
• Existing retail space benefits from high exposure and ample parking facilities
• Main shop floor is generously sized and includes a cool room for commercial use
• Lower level features oversized storage areas, a kitchen, and two bathrooms
• The large, sunlit parcel offers extensive potential for various uses
• Ideal for investors, developers, and builders looking to capitalize on a sought-after location
• Conveniently located within walking distance to local shops, transport, and convenience stores
• Zoned E1 Local Centre, situated in a prime residential family suburb
• Short drive to Terrigal and approximately 90 minutes to Sydney

This property is a rare find in a blue ribbon area, offering significant potential for redevelopment or investment. Its location near the beach and local amenities makes it highly attractive for future mixed-use projects. The existing commercial premises provide immediate income opportunities while the approved plans for residential townhouses and a unit add further value and flexibility. The site’s zoning and size allow for a variety of development possibilities, making it an excellent prospect for those seeking to invest in a growing and desirable community.

Overall, this property combines location, size, and development potential, making it a standout opportunity for a range of buyers including investors, developers, and builders. Its proximity to key amenities and the beach enhances its appeal, while the existing infrastructure supports immediate commercial use. The generous land size and prior approvals provide a solid foundation for future growth and development in a sought-after area.

Location